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We conduct laboratory experiments to investigate basic predictions of principal-agent theory about the choice of piece …
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This paper analyzes the equilibrium strength of prescriptive norms to contribute to public goods. We consider three methods of establishing what an acceptable contribution to the public good is. Under the first method, the contribution of the bottom contributor is the reference point by which...
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We conduct laboratory experiments to investigate basic predictions of principal-agent theory about the choice of piece …
Persistent link: https://www.econbiz.de/10012663086
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experimental data is a challenging problem. Recently, it was shown theoretically that the application of optimal design theory in …
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